119 (Consolidated basis/permanent employees/as of September 30, 2021)
Business:
Management of a media platform for food and drink businesses
Subsidiaries:
Wit Co., Ltd.
(M&A service business specializing in food and drink businesses)
Nicoshigoto Co., Ltd.
(Side-job matching business)
*Synchro Career Co., Ltd. (staffing business specializing in food and drink businesses
and food service businesses) has been absorbed on July 1, 2021.
Copyright 2021 Synchro Food Co.,Ltd. All Rights Reserved.
2
Executive Summary
Although a state of emergency was declared for
roughly three-quarters of the first half,
revenue and operating profit both recovered substantially
Consolidated
Financial
Highlights
(First Half)
Main Topics (First Half)
Year on Year
:794 million yen
Revenue
+57.8%
Operating Profit: 99 million yen
-
Mobimaru, which works on regional revitalization through mobile catering (food trucks), began a joint trial with Yokosuka City (April)
Absorbed Synchro Career Co., Ltd. (July)
Mobimaru began Suita City Machinaka Food Truck Project with Suita City, Osaka (July)
The number of businesses posting on
"Kyujin@inshokuten.com" exceeded 40,000 (August)
Copyright 2021 Synchro Food Co.,Ltd. All Rights Reserved.
3
FY2021 Q2 Summary (vs. Target Figures)
We maintained resilient management, and achieved
an operating profit for two consecutive quarters in Q1 and Q2
(Million yen)
FY21 Q1-Q2
FY20 Q1-Q2
Year on
FY21 Q1
FY21
Earnings
Total Actual
Total Actual
Total Actual
Year
Forecast
(Consolidated)
(Consolidated)
(Consolidated)
1
(Consolidated)
Revenue
794
503
+57.8%
370
1,700
Gross Profit
678
392
+72.8%
314
-
2
587
(1.5)%
290
SG & A
578
-
Operating Profit
99
(194)
-
24
270
Operating Profit
3
-
-
6.7%
15.9%
Ratio
12.6%
Recurring Profit
101
(193)
-
24
270
Net Income
74
(149)
-
7
180
Attributable to
Owners of Parent
As announced in the "Announcement of Full-year Consolidated Earnings Forecast" on November 12, 2021, the full-year consolidated earnings forecast for FY2021 has been disclosed.
1 Revenue from recruitment advertising services grew notably in Q2, and company-wide revenue for the first half recovered to roughly 80% of pre- COVID-19 level
2
Continued cost control and maintained the same level of SG & A as the previous year
3
Recorded an operating profit for two consecutive quarters, recovering substantially from a loss in the first half of the previous year
Copyright 2021 Synchro Food Co.,Ltd. All Rights Reserved.
4
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Synchro Food Co. Ltd. published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 07:06:28 UTC.
Synchro Food Co., Ltd. is a Japan-based company mainly engaged in Internet media business. The Company is centered on the site www.restaurant.com, and connects with restaurant exhibitors, practitioners, operators, as well as respective business operators involved in the restaurant to provide matching services. Its main services include operation sevices, opening and closed services and other services.